![]() For more information, visit PepsiCo Cautionary Statement "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. LLC acted as financial advisor to Rockstar, with King & Spalding acting as Rockstar's legal counsel. Gibson, Dunn & Crutcher LLP acted as lead counsel to PepsiCo, and Davis Polk & Wardwell LLP as U.S. The transaction is subject to customary closing conditions, including regulatory approval, and is expected to close in the first half of 2020.Ĭenterview Partners LLC acted as financial advisor to PepsiCo. PepsiCo does not expect the transaction to be material to its revenue or earnings per share in 2020. PepsiCo has also entered into an agreement, which will provide approximately $0.7 billion of payments related to future tax benefits associated with the transaction, payable over up to 15 years. I'm proud of what we built and how we've changed the game in the energy space." "PepsiCo shares our competitive spirit and will invest in growing our brand even further. "We have had a strong partnership with PepsiCo for the last decade, and I'm happy to take that to the next level and join forces as one company," said Russ Weiner, Rockstar's founder and creator of the world's first 16oz energy drink. In addition to Rockstar, PepsiCo's energy portfolio includes Mountain Dew's Kickstart, GameFuel, and AMP. PepsiCo has had a distribution agreement with Rockstar in North America since 2009. Rockstar products are available in over 30 flavors at convenience and grocery outlets in over 30 countries. Rockstar, founded in 2001, produces beverages that are designed for those who lead active lifestyles from athletes to rock stars. "Over time, we expect to capture our fair share of this fast-growing, highly profitable category and create meaningful new partnerships in the energy space." "As we work to be more consumer-centric and capitalize on rising demand in the functional beverage space, this highly strategic acquisition will enable us to leverage PepsiCo's capabilities to both accelerate Rockstar's performance and unlock our ability to expand in the category with existing brands such as Mountain Dew," said PepsiCo Chairman and CEO, Ramon Laguarta. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into an agreement to acquire Rockstar Energy Beverages ("Rockstar"), the popular energy drink maker, for $3.85 billion. Browse through a large collection of energy & sports drinks and find the perfect fit for you.PURCHASE, N.Y., Ma/PRNewswire/ - PepsiCo, Inc. The perfect morning start, midday pick me up, or late night boost, you can also find low calorie energy and sports drinks to suit all your needs. ![]() Look through a range of gluten-free, plant-based, sugar-free, zero-carb, non-GMO, caffeine-free energy & sports drinks. Browse through energy & sports drinks that are rich in vitamins, taurine & sodium, they also do not contain flavors or colors from artificial sources. With multiple refreshing flavors to keep you in the game, you won’t even miss what’s missing. Find energy sports drinks that contain no sugar while maintaining the same hydration with electrolytes and fueling benefits. Choose from Gatorade sports drinks, Powerade sports drinks, Rockstar energy drinks, Monster energy drinks, Red Bull energy drinks and more. At Target, find a wide range of energy drinks to choose from. Energy & sports drinks are great to bring you an extra boost during your busy day.
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